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VNETNASDAQMarket openCloses 4:00pm ET

VNET Group, Inc.

$6.66Last updated
-$0.26 (3.78%)Past day
Timezone

VNET Group, Inc. (NASDAQ: VNET) is trading at $6.66, about ₹639 at today's USD/INR rate, as of 25 Sep 2026, 1:20 PM ET, down 3.78% today. Indian residents can buy VNET from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$6.90
Previous close:$6.92
Volume:2.81M

Today's low

$6.47

Today's high

$6.90

52 week low

$5.91

52 week high

$14.48

VNET opened at $6.90, closed previously at $6.92, and has traded between $5.91 and $14.48 over the past 52 weeks.

About

VNET Group, Inc. operates as an investment holding company, delivering a comprehensive suite of hosting and digital infrastructure services throughout China. Its core offerings encompass managed hosting, featuring services such as colocation – where clients can house their servers and networking equipment within dedicated data center space or by leasing partial or entire cabinets. This is complemented by server administration and interconnectivity solutions. Beyond these fundamental services, VNET provides an array of value-added options, including hybrid IT integration, bare metal server provisions, robust firewall protection, server load balancing, advanced data backup and recovery, as well as extensive data center and server management services. The company also offers cloud computing services, enabling customers to deploy and run applications over the internet utilizing VNET's IT infrastructure, alongside secure VPN services to extend private networks via public internet connections. Operational support from VNET includes operating system maintenance and updates, continuous server monitoring, backup and restoration capabilities, server security evaluations, and disaster recovery planning. Furthermore, the company possesses expertise in data center development, offering services from site selection and planning to the design and construction of both wholesale and retail facilities. VNET caters to a broad and diverse clientele, spanning sectors such as information technology and cloud services, telecommunications carriers, social networking platforms, gaming and entertainment industries, e-commerce businesses, automotive companies, financial services institutions, government agencies, blue-chip enterprises, small-to-mid-sized businesses, and even individual users. As of December 31, 2021, VNET boasted significant operational scale, managing 78,540 cabinets across 40 proprietary data centers and 64 facilities operated in partnership. Established in 1999 and headquartered in Beijing, People's Republic of China, the company was previously known as 21Vianet Group, Inc. before officially rebranding to VNET Group, Inc. in October 2021.

Country
CN
CEO
Sheng Chen
Exchange listed on
NASDAQ
Industry
Information Technology Services
Base currency
USD
Full Time Employees
2,784
Sector
Technology
IPO date
21/04/2011

Key statistics

Avg. volume

5.44M

Market cap

$1.86B

P/E Ratio

-5.16

Price-to-sales ratio

1.17

Enterprise value

CN¥35.93B

Free cash flow yield

-44.75%

Debt-to-equity ratio

7.52

Return on equity

-47.06%

ROIC

-1.42%

Beta

0.28

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

CN¥9.68B

Earnings per share

-CN¥0.90

Free cash flow

-CN¥5.95B

Net profit margin

-22.33%

Gross margin

20.49%

EBITDA

CN¥2.96B

Revenue growth

17.18%

Similar securities

This is not an investment recommendation

How to buy VNET from India

Indian residents can buy VNET shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for VNET and place an order

    Find VNET by name or by its ticker, VNET, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. VNET trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your VNET position in USD and INR. VNET pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in VNET from India

Trading and taxes when buying VNET from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneVNET does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy VNET stock?

Yes. VNET (VNET) has been listed on NASDAQ since 2011, in the Information Technology Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one VNET share cost in rupees?

One VNET share is $6.66 — about ₹639 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the VNET price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying VNET from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of VNET?

Yes. One VNET share is $6.66, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in VNET.

How are gains on VNET shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the VNET price. Paasa issues a capital-gains statement for your return.

Does VNET pay a dividend?

No. VNET does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade VNET from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is VNET a United States company, and does that change how it is taxed?

VNET trades on NASDAQ in US dollars, but the company is domiciled in China. VNET trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare VNET shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your VNET holding, its cost and its closing value.

How do I sell VNET and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.